Global Payout Launches Logistics Company SecurCapital

Global Payout launched its newly formed logistics subsidiary, SecurCapital. The new company will focus on supply chain finance logistics and will offer fintech services to the supply chain finance marketplace.

GA Telesis Launches Leveraged Finance Group

GA Telesis launched a new division called Leveraged Finance Group to provide secured aircraft financing for lessors, investors and airlines. GAT appointed David Lloyd and Nolan Heske as managing directors of LFG.

Umpqua Bank Hires Former KeyBanc Exec to Launch Capital Markets Unit

Umpqua Bank hired Chad Riddle, former director of investment banking at KeyBanc Capital Markets, to lead a new Capital Markets division as managing director.

WOCF Launches New ABL Offering Dedicated to the Staffing Sector

White Oak Commercial Finance launched a new asset-based lending offering designed for the staffing sector.

Citizens, Fundation Partner to Offer Digital Business Loans

Citizens Bank launched a new digital lending capability through a collaboration with Fundation that will make it easier for small business customers to apply and receive approvals for loans.

MarketInvoice Launches Business Lending Vertical in UK

UK-based invoice finance company MarketInvoice rebranded and expanded into business lending, offering loans starting at £10,000 ($13,305).

ING, Kabbage Expand Small Business Lending into France & Italy

Kabbage and ING expanded their strategic partnership into France and Italy to provide small businesses with real-time access to working capital.

OnDeck Launches Venture to Enable Real-Time Small Business Loans

OnDeck launched a collaboration with Ingo Money and Visa to enable real-time funding of loans to small businesses via their debit cards, powered by Visa Direct.

Bank of the West Opens Dallas Commercial Banking Center

Bank of the West opened a Commercial Banking Center in Dallas to address the growing global needs of middle-market businesses and the large corporate segment. Former Citibank VP Susan Garner will lead the new center.

Gibraltar Launches Service Line Dedicated to Staffing Industry

Gibraltar Business Capital launched a new service line dedicated to the unique needs of the staffing industry. The firm is partnering with MVP Staffing to focus on factoring solutions geared specifically towards staffing agencies.